We assign a technical rating of 9 out of 10 to IMAB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMAB is showing a nice and steady performance.
Although IMAB has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.58
4 important support areas can be observed.
- Support @4.30 from a trend line in the daily time frame.
- A support zone ranging from 4.15 to 4.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.63 from a trend line in the weekly time frame.
- Support @2.61 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IMAB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMAB is neutral. |
| ChartMill Relative Strength | 98.79 | POSITIVE | IMAB has a high relative strength, it outperformed 98.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMAB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.8 | NEUTRAL | The RSI value for IMAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests IMAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.8 | OVERSOLD | The low Stochastics value suggests IMAB may be oversold. |
| Average True Range in percent/ATR (20) | 13.82 | HIGH VOLATILITY | The high ATR as a percentage value for IMAB suggests high volalility. |
| Average Directional Index/ADX (14) | 16.74 | NEGATIVE | The low ADX value for IMAB suggests a weak or negative trend. |
4.63
-0.01 (-0.22%)
I-MAB-SPONSORED ADR / IMAB FAQ
What is the technical rating for IMAB stock?
ChartMill assigns a technical rating of 9 / 10 to IMAB.
Can you provide the trend direction for I-MAB-SPONSORED ADR?
The current trend direction for I-MAB-SPONSORED ADR (IMAB) is Bullish.
Can you provide the RSI signal for I-MAB-SPONSORED ADR?
I-MAB-SPONSORED ADR (IMAB) has an RSI value of 48.8025. This indicates that the stock is currently neutral.
What is the MACD signal for I-MAB-SPONSORED ADR (IMAB) stock?
The MACD indicator for I-MAB-SPONSORED ADR (IMAB) has a value of -0.135422, indicating a bearish trend.
What is the short term momentum for I-MAB-SPONSORED ADR (IMAB) stock?
The short term momentum for I-MAB-SPONSORED ADR (IMAB) is neutral.